Tlc Rentals Inc
How we got $7.1M
Based on its 12 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 24 years (since 2002)
From public records and the company's website, not a statement that it's for sale.
What they do
TLC Rentals, based in Canute, OK, rents portable and luxury restrooms and offers septic pumping services. It serves contractors, farmers, ranchers, companies, event promoters and residential, commercial and industrial septic clients.
From the company's website. Industry: Other Commercial and Industrial Machinery and Equipment Rental and Leasing.
Estimated value over time
▼ 13% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TLC RENTALS INC this business | $4.3M | — |
| TROY JONES RENTALS, INC. Elk City · 4 employees | $2.6M | 7.4 mi |
| HUGHES SPECIALTY TOOLS, INC. Foss · 13 employees | $5.6M | 7.7 mi |
| LUBRIFLANGE, LLC Elk City · 27 employees | $14.7M | 8.9 mi |
| NORTHFORK RENTALS INC. Carter · 1 employees | $737K | 17.0 mi |
| JUNCTION PROPERTIES, LLC Cheyenne · 3 employees | $1.2M | 20.0 mi |
| MABE PUMP RENTAL, LLC Sayre · 1 employees | $342K | 22.7 mi |
The full calculation
| Employees reported to the SBA | 12 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $4.4M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $3.2M |
| Estimate: the two combined (geometric mean) | $4.3M |
| EBITDA margin (industry, adjusted for size) | 37% |
| EBITDA = revenue × margin | $1.6M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $7.1M |
| Multiple for this size and industry | 4.5× |
| Value range | $3.7M – $9.7M |
| Revenue range | $2.8M – $4.9M |
| EBITDA range | $1.0M – $1.8M |
| Industry (NAICS) | Other Commercial and Industrial Machinery and Equipment Rental and Leasing (532490) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingBank of Western Oklahoma, Great Plains National BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| Bank of Western Oklahoma PPP 2020 | All 200 borrowers → |
| Great Plains National Bank PPP 2021 | All 1,112 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/4/2020 | first | $91K | 12 |
| 1/16/2021 | second | $106K | 9 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tlc Rentals Inc
Tlc Rentals Inc is an other commercial and industrial machinery and equipment rental and leasing company in Canute, Oklahoma, in business since 2002. Its estimated annual revenue is about $4.3M, with roughly $1.6M of EBITDA. It has about 12 employees. Its estimated business value is $7.1M (likely range $3.7M–$9.7M).
Common questions
- Who owns Tlc Rentals Inc?
- The owner of Tlc Rentals Inc isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
- How much revenue does Tlc Rentals Inc make?
- SeeBITDA estimates Tlc Rentals Inc's annual revenue at about $4.3M (likely between $2.8M and $4.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tlc Rentals Inc worth?
- About $7.1M, roughly 4.5× its estimated EBITDA of $1.6M, typical for a other commercial and industrial machinery and equipment rental and leasing company its size. Likely range: $3.7M–$9.7M.
- How many employees does Tlc Rentals Inc have?
- About 12, as reported on its PPP loan.
- When was Tlc Rentals Inc founded?
- Tlc Rentals Inc has been in business since 2002.